Property Prices in Erlangen, Germany

Index Info
Price to Income Ratio: 5.94
Mortgage as Percentage of Income: 43.12%
Loan Affordability Index: 2.32
Price to Rent Ratio - City Centre: 32.51
Price to Rent Ratio - Outside of Centre: 25.32
Gross Rental Yield (City Centre): 3.08%
Gross Rental Yield (Outside of Centre): 3.95%
Rent Per Month
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Apartment (1 bedroom) in City Centre 792.86 € 500.00-1,100.00
Apartment (1 bedroom) Outside of Centre 633.33 € 550.00-750.00
Apartment (3 bedrooms) in City Centre 1,450.00 € 1,200.00-1,700.00
Apartment (3 bedrooms) Outside of Centre 1,283.33 € 1,150.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 526.18 € 418.06-650.32
Price per Square Feet to Buy Apartment Outside of Centre 343.41 € 297.29-389.54
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,938.75 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.98 3.00-4.05

These data are based on 59 entries in the past 18 months from 14 different contributors.
Last update: October 2024

Sources and References
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